Report Description

The Saudi Arabia Platform as a Service Market is anticipated to register a high CAGR during the forecast period of 2024-2028. The government is the main force behind digital efforts and Platform-as-Service is a foundational component of many of their modernization programs. Since these domestically situated facilities comply with Saudi Arabia's data residency and governance rules, ongoing investments by local and international technology providers in the country's new data centers have expedited cloud adoption. These expenditures have also made possible hybrid multi-cloud environments—public and private clouds that coexist with conventional on-premises infrastructure. The sector still has issues with outdated infrastructure that cannot be converted to the cloud, cloud experience and skills shortages, and a mindset that believes the cloud is insecure. The high concentration and expanding number of small and medium-sized businesses in Saudi Arabia that are swiftly converting to Platform-as-Service is the main driving force behind the industry. The expansion of cloud data centres is also likely increase investment over the course of the projection period, which will likely benefit the Saudi Arabia Platform as a Service market.

Increased market-driving use of Big Data, AI, machine learning, IT effectiveness, and business innovation

The increasing usage of machine learning and artificial intelligence is expected to advance the Platform-as-Service industry. Platform-as-Service provides conventional organizations with cloud computing, big data & analytics, data management, and other sophisticated technologies such as artificial intelligence and machine learning that assist in optimizing corporate operations, resulting in lower operating costs and better productivity. As a result, its use in various industries, including healthcare, finance, transportation, manufacturing, and others, has increased demand in the Platform-as-Service business. Platform as a Service improves top and bottom-line performance by making IT more responsive to business opportunities. Platform as a Service, for instance, makes it possible to create mobile apps quickly, allows chatbots for more inventive user experiences, uses blockchain to facilitate more reliable transactions, hastens release cycles with containers and APIs, and enhances data discovery and analytics.

To be competitive in today's high-tech digital world, businesses must constantly develop and pilot new cloud computing technologies, as well as listen to consumers and the market for signals of change. In the cloud market, marketing is no exception to the overall corporate landscape's rapid shift toward automated operations and data-driven decision making. As a result of this fast rise, the Saudi Arabia Platform as a Service Market is in high demand in Saudi Arabia.

Saudi Arabia Platform as a Service Market Challenges

The issue with pricing is that the companies are accustomed to purchasing large quantities of countable items such as licenses or hardware. We then add a slew of services, such as per-server administration fees, per-CPU performance boosts, and per-hour technical labour. The wonderful thing about it (apart from the fact that it must be paid) is that it is simple to compute the cost. Cloud malware injection, meltdowns, account or service hijacking, and man-in-the-cloud attacks disclose enterprise data vulnerabilities, which can lead to business shutdown and losses. Cyber-attacks, on the other hand, impair business operations, restricting the expansion of the Platform-as-Service market.


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Market Segments

Saudi Arabia Platform as a Service Market is divided into type, deployment, organization size and industry vertical. Based on Type, the market is divided into application Platform as a Service, integration Platform as a Service, and database Platform as a Service. Based on organization size, the market is divided into large enterprise, small & medium enterprise, Based on industry vertical, the market is divided into BFSI, consumer goods, IT & Telecom, manufacturing, healthcare, energy & utilities, and others.

 

 Market Players

Major market players in Saudi Arabia Platform as a Service Market are Sap Saudi Arabia, Alibaba Cloud, IBM Middle East, Google Saudi Arabia, Oracle Saudi Arabia, Hewlett Packard Enterprise Development LP, NourNet, AWS Middle East, Zoho Corporation and Microsoft Middle East. To achieve good market growth, businesses that are active in the market employ organic tactics such as product launches, mergers, and partnerships.

Recent Developments

In December 2022, The Alphabet Inc-owned company will integrate Waze, which it acquired for $1 billion in 2013, into Google Geo, its portfolio of real-world mapping tools that includes Google Maps, Google Earth, and Street View.

In June 2022 - Saudi Cloud Computing Business (SCCC), a new joint venture firm created by Chinese and Saudi enterprises, has begun operations in Saudi Arabia to meet the rising demand for cloud services in the country.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Type

Deployment

Organization Size

Industry Vertical

Regional scope

Western Region, Northern & Central Region Eastern Region, Southern Region

Key companies profiled

Sap Saudi Arabia, IBM Middle East, Alibaba Cloud, Oracle Saudi Arabia, Hewlett Packard Enterprise Development LP, AWS Middle East, NourNet, Zoho Corporation, Google Saudi Arabia, Microsoft Middle East

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, Saudi Arabia Platform as a Service Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Saudi Arabia Platform as a Service Market, By Type:

o   Application Platform as a Service

o   Integration Platform as a Service

o   Database Platform as a Service

  • Saudi Arabia Platform as a Service Market, By Deployment:

o   Private

o   Public

  • Saudi Arabia Platform as a Service Market, By Organization Size:

o   Large Enterprise

o   Small & Medium Enterprise

·         Saudi Arabia Platform as a Service Market, By Industry Vertical:

o   BFSI

o   Consumer Goods

o   IT & Telecom

o   Manufacturing

o   Healthcare

o   Energy & Utilities

o   Others

·         Saudi Arabia Platform as a Service Market, By Region:

o   Western Region

o   Northern & Central Region

o   Eastern Region

o   Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Platform as a Service Market.

Available Customizations:

With the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Saudi Arabia Platform as a Service Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Platform as a Service Market

4.    Executive Summary

5.    Voice of Customers

5.1.        Awareness of Cloud Service

5.2.        Major Applications of Cloud Service

5.3.        Key Benefits of Cloud Service

5.4.        Key Vendor Selection Parameter

5.5.        Major Challenges in Cloud Service Adoption

5.6.        Key Vendor Challenges

6.    Saudi Arabia Platform as a Service Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type (Application Platform as a Service, Integration Platform as a Service, Database Platform as a Service)

6.2.2.    By Deployment (Private and Public)

6.2.3.    By Organization Size (Large Enterprise, Small & Medium Enterprise)

6.2.4.    By Industry Vertical (BFSI, Consumer Goods, IT & Telecom, Manufacturing, Healthcare, Energy & Utilities, Others)

6.2.5.    By Region (Western Region, Northern & Central Region Eastern Region, Southern Region)

6.2.6.    By Company (2022)

6.3.  Market Map

7.    Saudi Arabia Application Platform as a Service Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Deployment

7.2.2.    By Organization Size

7.2.3.    By Industry Vertical

7.2.4.    By Region

8.    Saudi Arabia Integration Platform as a Service Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Deployment

8.2.2.    By Organization Size

8.2.3.    By Industry Vertical

8.2.4.    By Region

9.    Saudi Arabia Database Platform as a Service Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Deployment

9.2.2.    By Organization Size

9.2.3.    By Industry Vertical

9.2.4.    By Region

10. Market Dynamics

10.1.     Drivers

10.1.1. Usage of cloud services has increased following COVID-19

10.1.2. increased use of Big Data, AI, machine learning, and other technologies to drive the market.

10.1.3. Growing need for emergency preparedness and recovery measures.

10.2.     Challenges

10.2.1. Multi-cloud model's high level of complexity

10.2.2. Data security and privacy issues.

11. Market Trends & Developments

11.1.        The Number of Small and Medium-Sized Businesses is growing.

11.2.        Increasing need for individualized client experiences.

11.3.        Demand for hybrid cloud services is rising.

11.4.        High IoT and linked device adoption.

11.5.        Increasing use of edge computing services.

12. Porter’s Five Forces

13. Technology Analysis

13.1.        Artificial Intelligence

13.2.        Big Data

13.3.        Internet of Things

13.4.        Data Analytics

13.5.         Machine Learning

14. Policy & Regulatory Landscape

15. Saudi Arabia Economic Profile

16. Company Profiles

16.1.               Sap Saudi Arabia

16.1.1.   Business Overview

16.1.2.   Key Revenue and Financials (If available)

16.1.3.   Recent Developments

16.1.4.   Key Personnel

16.1.5.   Key Product/Services

16.2.               IBM Middle East.

16.2.1.   Business Overview

16.2.2.   Key Revenue and Financials (If available)

16.2.3.   Recent Developments

16.2.4.   Key Personnel

16.2.5.   Key Product/Services

16.3.               Alibaba Cloud

16.3.1.   Business Overview

16.3.2.   Key Revenue and Financials (If available)

16.3.3.   Recent Developments

16.3.4.   Key Personnel

16.3.5.   Key Product/Services

16.4.               Oracle Saudi Arabia

16.4.1.   Business Overview

16.4.2.   Key Revenue and Financials (If available)

16.4.3.   Recent Developments

16.4.4.   Key Personnel

16.4.5.   Key Product/Services

16.5.               Hewlett Packard Enterprise Development LP

16.5.1.   Business Overview

16.5.2.   Key Revenue and Financials (If available)

16.5.3.   Recent Developments

16.5.4.   Key Personnel

16.5.5.   Key Product/Services

16.6.               AWS Middle East

16.6.1.   Business Overview

16.6.2.   Key Revenue and Financials (If available)

16.6.3.   Recent Developments

16.6.4.   Key Personnel

16.6.5.   Key Product/Services

16.7.               NourNet

16.7.1.   Business Overview

16.7.2.   Key Revenue and Financials (If available)

16.7.3.   Recent Developments

16.7.4.   Key Personnel

16.7.5.   Key Product/Services

16.8.                Zoho Corporation

16.8.1.   Business Overview

16.8.2.   Key Revenue and Financials (If available)

16.8.3.   Recent Developments

16.8.4.   Key Personnel

16.8.5.   Key Product/Services

16.9.               Google Saudi Arabia

16.9.1.   Business Overview

16.9.2.   Key Revenue and Financials (If available)

16.9.3.   Recent Developments

16.9.4.   Key Personnel

16.9.5.   Key Product/Services

16.10.            Microsoft Middle East

16.10.1.   Business Overview

16.10.2.   Key Revenue and Financials (If available)

16.10.3.   Recent Developments

16.10.4.   Key Personnel

16.10.5.   Key Product/Services

17. Strategic Recommendations

17.1.           Service is the fastest growing market.

17.2.           End-User Market is the Fastest Growing

17.3.           Market Dominance by Region

17.4.           Developing Technologies

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Main market players in Saudi Arabia Platform as a Service market are Sap Saudi Arabia, IBM Middle East, Alibaba Cloud, Oracle Saudi Arabia, Hewlett Packard Enterprise Development LP, AWS Middle East, NourNet, Zoho Corporation, Google Saudi Arabia, and Microsoft Middle East.

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Increased use of Big Data, AI, machine learning, and other technologies to drive the market, Usage of cloud services and Growing need for emergency preparedness and recovery measures are the main drivers for the Saudi Arabia Platform as a Service Market.

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The western region is expected to be the fastest growing region during the forecast period.

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Platform as a Service allows customers to deploy customer-made or bought applications written with programming languages and tools supported by the provider onto cloud infrastructure. The consumer does not manage or control the underlying cloud infrastructure, which includes the network, servers, operating systems, and storage, but he or she does have control over the installed apps and maybe the application hosting environment parameters.

profile

Sakshi Bajaal

Business Consultant
Press Release

Saudi Arabia Platform as a Service Market to Grow at Impressive Rate through 2028

Jan, 2023

The rising need for new technologies such as artificial intelligence (AI) and machine learning would boost the Saudi Arabia Platform as a Service market between 2024 and 2028.